Entrepreneur receives funding for 'tornado' power generator
Tuesday, December 18, 2012 - 10:00
in Physics & Chemistry
(Phys.org)—Electrical engineer and entrepreneur Louis Michaud's AVEtec company has received funding from PayPal cofounder Peter Thiel's Breakout Labs program to build an experimental Atmosphere Vortex Engine (AVE). The $300,000 in startup funds is to go towards building a working engine to dispel or prove the viability of using such technology to produce electricity with virtually no carbon footprint.